latest news releases from the newsroom
DME Interactive Holdings, Inc. Retains AGORACOM Investor Relations
NEW YORK, Feb. 23, 2006 (PRIMEZONE) -- DME Interactive Holdings, Inc. (Pink Sheets:DMHD), a multimedia company with an ethnically diverse perspective used to tap both minority and mainstream markets, (http://www.dmeinteractive.com), is pleased to announce it has retained the services of AGORACOM Investor Relations Corp. ("AGORACOM") (http://www.agoracom.com) to provide investor relations services.
GoldSpring, Inc. Announces Sale of Canadian Mineral Permits
GOLD HILL, Nev., Feb. 23, 2006 (PRIMEZONE) -- GoldSpring, Inc. (OTCBB:GSPG) announced today that it has entered into an agreement to sell its Canadian subsidiaries, Clear Hills Iron Ltd. and Peace River Energy Ltd. to CaNev Resources Corporation, a Nevada Corporation. The assets of the Canadian subsidiaries include 43 industrial (non-energy) mineral permits covering approximately 800 square miles in northern Alberta, Canada. GoldSpring acquired the Canadian mineral permits during the second quarter of 2004. GoldSpring did not disclose the details of the transaction, but the company's president and CEO, Rob Faber, said, "The structure of the sale will include cash up front with the balance to be paid through a net smelter return royalty on non-energy mineral production from the property." The sale is scheduled to close on March 15, 2006.
J. Rouleau & Associates
Seminar for Housing Professionals in Baltimore
BALTIMORE, Feb. 23, 2006 (PRIMEZONE) -- Last months National Association of Home Builders' show in Orlando, offered more than a dozen programs at which housing professionals from around the country heard "How To Seminars" on how to increase business. This spring, a continuation of targeted series of seminars is being offered for Housing Professionals interested in increasing their profits in the new home market. Called the Smart Strategies Seminars To Grow your housing Business, it's being sponsored by Home Buyer Publications, Building Systems Magazine, J. Rouleau & Associates and SystemsBuiltNews.Com. Housing industry experts will gather this March to offer a one-day conference specifically geared to individuals who build, sell and market new homes.
Scivanta Medical Corporation
Medi-Hut Announces Settlement of Civil Lawsuit Against Former Auditing Firm
SPRING LAKE, N.J., Feb. 23, 2006 (PRIMEZONE) -- Medi-Hut Co., Inc. ("Medi-Hut" or the "Company") (Pink Sheets:MHUT) announced today that the Company has entered into a settlement agreement and release with Rosenberg, Rich, Baker, Berman & Company ("Rosenberg"). Rosenberg served as the Company's independent auditor and principal accounting firm from February 1998 to March 2003, excluding a three week period in early 2002. This settlement resolved all of the disputes remaining in the litigation commenced by the Company in January 2004 in the Superior Court of the State of New Jersey, Monmouth County, Law Division, Medi-Hut Co., Inc. v. Rosenberg, Rich, Baker, Berman & Company, P.A. et al (Docket No. MON-L-116-04). As part of the settlement, the parties released each other from all claims and Rosenberg will pay to the Company the sum of $425,000. The Company will use the proceeds from this settlement to fund its pending litigation matters against Syntho Pharmaceuticals Inc. and its president, Muhammed Malik, relating to, among other things, the Company's exclusive right to distribute the hormone replacement therapy drug, Syntest, and for other business development and operational purposes. This settlement was entered into without any admission of liability or any inferences of wrongdoing by any settling party.
FTS Wireless, Inc.
FTS Sets Another Company Record for Wireless Handset Sales
TAMPA, Fla., Feb. 23, 2006 (PRIMEZONE) -- FTS Group, Inc. (OTCBB:FLIP), a publicly traded acquisition and development Company operating in the wireless space through its wholly owned subsidiaries FTS Wireless, Inc. and See World Satellites, Inc., today announced that FTS Wireless has for the second consecutive month broke the Company's record for monthly handset sales.